Auction Property: CHAMPIONS AT OUR BEST LLC
Owner's Name: CHAMPIONS AT OUR BEST LLC
Location: 3017 HAMMOND AVE
Amount Owed: $925
Type: SINGLE_FAMILY
View: View on Zillow | View on Realtor
Overall (Final)
Score: -1.72
Decision: 🚩 Do Not Buy
Market Value: $48,012
Current Price: $103,800
Cost to Build: $129,480.00
10yr Cashflows: $114,087.86
Suggested Bid: $11,408.79 - $57,043.93
Cap Rate: 15.4%
** cap rate calculated based on Current Price
Level 1 (Analysis)
Decision: Do Not Buy 🏅
| location: | 🚩 Poor 29% |
| marketRent: | 📌 Good 90% |
| taxHistory: | 📌 Good 100% |
| lotFeatures: | 🚩 Poor 15% |
| marketDemand: | 🚩 Poor 0% |
| propertyType: | 📌 Good 100% |
| legalConsiderations: | 📌 Good 100% |
| developmentFeasibility: | ⚠️ Fair 44% |
| acquisitionVsMarketValue: | 🚩 Poor -581% |
Level 2 (Simulation)
**involves significant stress testing
Decision: Do Not Buy 🏅
| location: | City: Columbia 🚲 County: Richland County 🚲 |
| price vs market value: | ⚠️ Fair 40% Value Ratio: 2.16 💹 Current Price: $103,800.00 💸 Zestimate Price: $103,800.00 💸 Tax Assessed Value: $25,000.00 💸 Average Nearby Price: $48,011.88 💸 |
| school trends: | ⚠️ Fair 50% Average School Rating: 3.67 💹 |
| taxes: | 📌 Good 100% Annual Tax: $795.00 💸 Monthly Hoa Tax: $0.00 💸 Annual Insurance: $436.00 💸 Total Annual Cost: $1,231.00 💸 |
| rent potential: | ⚠️ Fair 50% Estimated Rent Price: $1,435.00 💸 |
| capitalization rate: | 📌 Good 100% Simulated Rating: 12.85 💹 |
| exit strategy: | 📌 Good 100% Time On Market: 2379 days 🕰️ |
| year built: | 🚩 Poor 0% Time Built: 1955 🕰️ |
| property info: | 📌 Good 80% Home Type: SINGLE_FAMILY 🏠 Home Bedrooms: 3 🏠 Home Living Area: 1079 🏠 |